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Global gold prices decline

Tehran - ALsharqiya, June 17: Gold prices fell more than 1 percent during trading today, as investors took profits after the precious metal approached its highest levels in eight weeks. According to Bloomberg Economics, spot gold fell 1.2 percent to $3,392.86 an ounce, after reaching its highest level since April 22 earlier in the session. The yellow metal had risen more than 1 percent on Friday. US gold futures fell 1 percent at settlement, recording $3,417.30 an ounce.

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